The WLR Daily case summaries
[2024] WLR(D) 299
Court of Appeal
Altrad Services Ltd and another v Revenue and Customs Commissioners
[2024] EWCA Civ 720
2024 May 14, 15; June 28
Nugee, Whipple LJJ, Sir Launcelot Henderson
Revenue— Corporation tax— Capital allowances— Finance lease agreement— Taxpayers entering into arrangements involving sale, leaseback and reacquisition of assets with intention to create qualifying expenditure for capital allowances purposes— Whether taxpayers qualifying for capital allowances—
Capital Allowances Act 2001
, s 61(1)(a)